9525 99th Ave SE, Snohomish, WA 98296 For Sale

For Sale - 9525 99^th Ave SE, Snohomish, WA 98296

• +/- 38.73 acres Total (Approximately 28.31 usable acres – comprised of 24.24 usable acres west of the trestle and 4.07 usable acres east of the trestle)

• Zoning (There are two different zoning designations for the property):

  • +/- 24.57 acres west of the trestle – Zoned “Light Industrial”, Snohomish County jurisdiction

  • +/- 14.16 acres east of the trestle – Zoned “Agricultural 10 : Light Industrial”, Snohomish County jurisdiction

• 7 existing buildings totaling +/- 47,254 SF (the majority of these are tear-downs except for the office building and one of the smaller warehouse buildings)

  • The buildings have been retained to grandfather in developable square footage for the site – there is also a credit for the main warehouse building that burned down a few years ago

• The property is leased short-term by American Bridge (extended through November 2025) who is paying $17,592.00 per month for 5.01 acres on the SW area of the property + the office building.

• The property is located in the “Density Fringe” flood zone of the Snohomish UGA – This limits development/filling of the property to 2% of the total area (33,742 SF), however there are credits above this 2% area for the existing building square footage (47,254 SF) and the building that burned down a few years ago (54,676 SF), which allows for approximately 135,672 SF of area to be developed at the property.

• Asking Price: $6,750,000

• Asking Lease Rate: $0.08/SF/Month + Utilities